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apapafor8

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apapafor8

Re: AL BUNDY post# 14917

Tuesday, 07/31/2012 8:50:16 PM

Tuesday, July 31, 2012 8:50:16 PM

Post# of 32985
Sales 4.6m buys 4.1m
Who is behind this type of trading. LOL
Maybe we will soon find out.
Wash trade
A transaction designed to make it appear that a purchase and sale has occurred even though no change in ownership occurred. For example, an investor might simultaneously buy and sell shares in one company through two different brokerage firms in order to create the appearance of substantial trading activity that will draw in other investors. Wash trades are illegal. IMO you have this happening here.
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